CronaSwap (CRONA) and Rain (RAIN) compared side by side. Over the past 30 days, CRONA is ahead by 49.2 percentage points (CRONA -11.7% against RAIN -61.0%). Their daily returns move barely in opposite directions (correlation -0.08 across 24 shared trading days). RAIN has been the more volatile of the two, at 135% annualised against CRONA's 22%.
CRONARAIN
-0.08over 24 shared trading days
Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.
| Metric | CRONA | RAIN |
|---|---|---|
| Max drawdown (400d) | -15.2% | -69.3% |
| Risk-adjusted return (90d) | -0.63 | -0.40 |
Relative strength over 90 days: CRONA outperformed RAIN by 52.5% — measured on the CRONA/RAIN ratio, so it holds regardless of market direction.